Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Up 300.0% in April

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 3,600 shares, a growth of 300.0% from the March 31st total of 900 shares. Based on an average trading volume of 6,300 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are short sold.

Westwood Salient Enhanced Energy Income ETF Trading Up 0.2 %

WEEI stock opened at $20.35 on Friday. The stock has a market cap of $15.67 million and a P/E ratio of 14.05. The stock’s fifty day simple moving average is $21.37 and its two-hundred day simple moving average is $22.31. Westwood Salient Enhanced Energy Income ETF has a 1-year low of $18.37 and a 1-year high of $24.87.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 28th were issued a $0.225 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 13.27%. The ex-dividend date was Friday, March 28th.

About Westwood Salient Enhanced Energy Income ETF

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed portfolio seeking to provide monthly income by investing in North American energy companies and writing 1-month call options, on a recurring basis. Stocks are selected and weighted based on fundamental criteria.